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SHIPBUILDING DEVELOPMENT SCHEME
India doubles down on strategic manufacturing--from semiconductors to hydrogen trains: Finmin ReportIndia is accelerating a broad-based industrial strategy that spans semiconductors, electronics, commercial space, green mobility, rare eart...31 Jul, 2026, 10.31 AM IST- Shipping ministry gives in-principle approvals for shipbuilding and repair clusters in GujaratGujarat will soon establish a new shipbuilding cluster in Porbandar. A significant ship repair facility is also planned for Vadinar in the ...15 Jul, 2026, 06.46 PM IST
- In-principle nod to 2 maritime projects, including Rs 1,570 cr ship repair facility in GujaratTwo strategic maritime projects in Gujarat have received in-principle approval from the shipping ministry. A Rs 1,570-crore ship repair fac...15 Jul, 2026, 05.41 PM IST
- Tata Group to invest $1 billion in shipbuilding, says Kerala CM V. D. SatheesanTata Group plans a significant 100 billion rupee investment in Kerala's shipbuilding sector. The state government is favorably considering ...15 Jul, 2026, 01.34 PM IST
- Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...27 May, 2026, 12.58 AM IST
- 'Shipbuilding schemes set for FY27 rollout': Sarbananda SonowalThe government will prioritize executing shipping schemes in 2026-27. Key goals include launching three shipbuilding schemes on time and ac...05 Feb, 2026, 12.37 AM IST
- VOC Port forms joint venture with Tamil Nadu govt to set up shipbuilding cluster at TuticorinV.O. Chidambaranar Port Authority has formed a special purpose vehicle for a mega shipbuilding cluster at Tuticorin. This joint venture wit...29 Jan, 2026, 02.58 PM IST
- Govt rolls out Rs 44,700 crore shipbuilding push to boost domestic maritime industryThe Centre has unveiled operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Sc...27 Dec, 2025, 09.33 PM IST
- Sagarmala Finance Corporation to raise ₹8,000 crore this fiscalSagarmala Finance Corporation Ltd will raise up to ₹8,000 crore this fiscal year. The company's board approved a ₹25,000 crore borrowing li...22 Nov, 2025, 10.57 PM IST
- Sagarmala Finance to raise ₹8,000 crore to boost maritime infrastructureSagarmala Finance Corporation Limited plans to raise Rs 8,000 crore this financial year. Funds will be sourced from banks, financial instit...22 Nov, 2025, 04.27 PM IST
- Companies can avail all shipbuilding sops simultaneouslyThe government has approved a ₹70,000 crore package for shipping and maritime sectors. Companies can now avail incentives under all schemes...26 Sep, 2025, 12.07 AM IST
- SCI, Mazagon Dock and other shipping stocks in focus after Cabinet clears Rs 69,725 crore shipbuilding packageThe Union Cabinet cleared a ₹69,725 crore revival package for the shipbuilding industry. The plan, built on a four-pillar approach, aims to...25 Sep, 2025, 09.28 AM IST
- Cabinet gives nod to Rs 69,725 crore incentives for maritime sectorThe Union Cabinet has approved Rs 69,725 crore for shipping and maritime development. This includes a maritime development fund and shipbui...25 Sep, 2025, 12.44 AM IST
- Cabinet approves Rs 69,725 crore package to transform India’s shipbuilding, maritime sectorThe Union Cabinet, led by Prime Minister Narendra Modi, has approved a Rs 69,725 crore package. This package aims to revitalize India's shi...24 Sep, 2025, 06.50 PM IST
- From railway expansion to shipbuilding reforms: Vaishnaw announces development projects worth Rs 94,000 croreThe Cabinet Committee on Economic Affairs has approved development projects worth Rs 94,000 crore. These projects include the doubling of a...24 Sep, 2025, 06.48 PM IST
- Budget 2025: Nirmala Sitharaman announces Maritime Development Fund of Rs 25,000 crore for long-term financingFinance Minister Nirmala Sitharaman announced a Maritime Development Fund with a corpus of Rs 25,000 crore to support the maritime industry...01 Feb, 2025, 06.31 PM IST
- Shipping sector may get 'infrastructure' tag by govt for wider financial aidThe Indian government is considering granting infrastructure status to the entire shipping sector. This move would provide the industry wit...06 Nov, 2024, 11.44 PM IST
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